Consumer Durable Loan
Making Young India Financially Able
Why wait to own the latest gadgets and appliances? Get instant consumer durable loan, minimal documentation, and flexible EMIs to shop smart and stress-free. From smartphones to smart TVs, Finnable makes it easy.
Paperless
15 minute disbursal
No collateral
Personal Loan Amount Limit
You are eligible for Loan AmountFeatures & Benefits for a Consumer Durable Loan
Low EMIs
Enjoy lower EMIs with interest charged on a reducing balance, not a flat rate — so you pay less over time.
Quick Disbursal
Get funds directly in your bank account — with fast approval and hassle-free processing.
Flexible Loan Options
Choose a loan amount and repayment period that fits your needs and financial goals.
Your Loan Assistant
Please write to your loan assistant at makeiteasy@finnable.com for any support. We aim to provide you with a seamless and hassle-free experience.
Who Can Apply for a Consumer Durable Loan
- Indian Resident
Applicants must be residents of India. - Age Between 21 – 55 Years
You must be at least 21 years old and not older than 55 at the time of application. - Stable Income Source
A regular income is required to ensure smooth EMI repayments. - Good Credit Score
A healthy credit score increases your chances of approval and better loan terms.
Application Process for a Consumer Durable Loan
Customers looking for a Consumer Durable Loan need to follow the below steps
Documents Required for Consumer Durable Loan
To process your loan application, you’ll need to upload the following documents:
- Identity Proof
(e.g., Aadhaar Card, PAN Card) - Address Proof
(e.g., Utility Bill, Voter ID, Aadhaar) - Income Proof
(Salary slips, bank statements, etc.) - Employment Proof
(Proof of current employment or job details)
All documents can be easily uploaded online via Finnable’s website or mobile app for a seamless and paperless experience.
Set Up Your Profile
Sign up with your name, email, and mobile number. Verify your number with an OTP, then fill in your address and job details.
Choose Your Loan
Select the loan amount, choose the loan product, and pick a repayment period that fits your needs.
Upload Documents
Upload your ID proof, income proof, and address proof. Make sure they’re clear and legible, then submit for verification.
Interest Rate & Charges for a Consumer Durable Loan
At Finnable, the interest rates on Consumer Durable Loans are competitive and vary based on your credit profile. For specific details, the interest rate typically starts from 16%. The exact rate and loan terms will be determined based on your eligibility and creditworthiness.
Why Choose Finnable’s Consumer Durable Loan?
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Instant Approval: Get approved for your loan in just a few minutes!
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Quick Disbursal: Once approved, funds are transferred directly to your account—no delays.
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Flexible EMIs: Choose an EMI plan that fits your budget and repayment capacity.
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Minimal Documentation: Apply with just a few simple documents and avoid the hassle of paperwork.
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Exclusive Rewards: Enjoy cashback up to ₹200/month for making timely EMI payments.
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Digital Process: 100% online application process—no visits to the bank or lengthy paperwork!
Why Choose Finnable For Personal Loan?
Trusted by Millions for Simple & Safe Borrowing
Indians have taken a
loan with Finnable
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What's the Minimum Credit Score for a Consumer Durable Loan?
Your credit score is one of the main factors that can affect your Consumer Durable Loan eligibility. A good CIBIL score is essential to qualify for a Consumer Durable Loan. Generally, a CIBIL score of 700 or higher is recommended for better chances of approval. A higher score increases your eligibility for better interest rates and loan amounts.
